The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...

An expert guide to the best-selling watches of all-time and the number of units sold, from Rolex Submariner and Seiko 5 to Apple Watch.

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...

LVMH is the new Global Partner for Formula 1, arguably the most valuable sporting franchise in the world. Advertising slots for the Superbowl may cost more per minute, but have a fraction of the ...

Stock slid after the company posted disappointing results driven by falling sales in its crucial market China, which accounts ...

In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Axfood added 6.5% and St. James's Place rose 6.1%. On the other hand, Deutsche Bank slipped 6.1%, and Swatch Group Bearer dropped 5.8%.

PARIS — Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income ...

Swatch Group (SWGAF.PK, SWGNF.PK) reported fiscal 2024 net income of 219 million Swiss francs compared to 890 million francs, prior ...

Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.

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